Taxation of the digital economy and pushing fiscal boundaries

A short two minute survey

We are undertaking new research worldwide on the Taxation of the Digital Economy and its impact on businesses across some 40 jurisdictions.

Please use this opportunity to share your thinking, and participate in the global debate.

We look forward to sharing the results with you.

Question Title

* 1. How much do you know about the OECD’s efforts to address the international tax challenges of the digitalisation of the global economy?

A little on the background

I know the headlines facts

Keeping up to date with all announcements and policies

Question Title

* 2. Do you think that the current international tax profit allocation principles, based on the physical presence and activity of an enterprise in a jurisdiction, are still workable given how digitalised the world economy is now?

No – despite the BEPS project, the whole international business tax system needs overhauling

Partially - The current approach is still appropriate for most sales of goods but needs to be adapted for digital transactions

Yes – the current rules apply tax where value is created in an appropriate way

Question Title

* 3. Would a global minimum corporate tax rate be a helpful backstop to support a future international business tax system?

Yes

Question Title

* 4. If a workable revision to the taxation of profits of an international business is agreed globally, is there still a need for a global minimum tax rate?

Yes – there needs to be a level playing field

No – businesses should be able to establish their operations in a way that manages their global tax profile

Question Title

* 5. In your view, what defines whether a business has an active presence or participation in a jurisdiction and undertakes activities there?

Solely sales in a country

Marketing and an established customer base in a country

Staff, marketing / distribution and customers in a country

Assembly or manufacturing base plus sales in a country

Question Title

* 6. The OECD’s most recent proposed approach for redefining the allocation of profits of a multinational group suggests a focus on ‘consumer-facing businesses’. Do you agree with this restriction of scope?

Yes

Undecided

Question Title

* 7. The OECD’s most recent proposed approach suggests that consideration should be given to limiting the application of any new nexus and profit attribution rules by reference to a global turnover threshold. Do you agree with this approach?

Yes – and the CbCR threshold of EUR 750m global revenue seems appropriate

Yes – but the CbCR threshold of EUR 750m global revenue is too high

No – the rules should apply equally to all businesses

Undecided

Question Title

* 8. Will your business be affected by the French Digital Services Tax or the proposed UK’s unilateral Digital Services Tax being introduced from 1 April 2020?

Yes

No – below the threshold

No – no relevant sales

Don't know

Question Title

* 9. What do you consider the greatest concern for your business in complying with any future changes to the existing profit allocation and nexus rules and their resulting impact on taxing rights?

Identifying and tracking affected transactions

Complying with different rules in different countries

Reduction in post-tax profit margin that the new taxes will create

Risk of increased international tax controversy

Question Title

* 10. What are the most important features of any new international tax framework:

Easy to administer on a global scale

Level playing field from a tax perspective

Capable of delivering certainty on the global tax profile

Enables a business to maintain control of its own tax profile

Question Title

* 11. What do you think is a realistic and workable timescale for transition to a new international tax system:

0-1 years

2-3 years

4-5 years

5 years plus

Question Title

* 12. In your view what more needs to be done to simplify the current international tax framework?

Question Title

* 13. Name

Question Title

* 14. Job Title

Question Title

* 15. Sector

Question Title

* 16. Location

Question Title

* 17. Email address

Question Title

* 18. Please note that data collected via this survey will be reviewed by the BDO Global Office and/or by specific BDO firms. By submitting your responses to this survey, you are agreeing for your details to be passed to the relevant BDO firm.

We look forward to sharing the results with you.

I consent to having my personal details processed in accordance with the above.

Thank you for participating in this survey. We look forward to sharing the results. Meanwhile please see a link to a leading article by BDO International Tax partner Ross Robertson and BDO International Tax Director Arjun Bhatia recently published by Bloomberg Tax.

Taxation of the digital economy and pushing fiscal boundaries

A short two minute survey

Question Title

* 1. How much do you know about the OECD’s efforts to address the international tax challenges of the digitalisation of the global economy?

Question Title

* 2. Do you think that the current international tax profit allocation principles, based on the physical presence and activity of an enterprise in a jurisdiction, are still workable given how digitalised the world economy is now?

Question Title

* 3. Would a global minimum corporate tax rate be a helpful backstop to support a future international business tax system?

Question Title

* 4. If a workable revision to the taxation of profits of an international business is agreed globally, is there still a need for a global minimum tax rate?

Question Title

* 5. In your view, what defines whether a business has an active presence or participation in a jurisdiction and undertakes activities there?

Question Title

* 6. The OECD’s most recent proposed approach for redefining the allocation of profits of a multinational group suggests a focus on ‘consumer-facing businesses’. Do you agree with this restriction of scope?

Question Title

* 7. The OECD’s most recent proposed approach suggests that consideration should be given to limiting the application of any new nexus and profit attribution rules by reference to a global turnover threshold. Do you agree with this approach?

Question Title

* 8. Will your business be affected by the French Digital Services Tax or the proposed UK’s unilateral Digital Services Tax being introduced from 1 April 2020?

Question Title

* 9. What do you consider the greatest concern for your business in complying with any future changes to the existing profit allocation and nexus rules and their resulting impact on taxing rights?

Question Title

* 10. What are the most important features of any new international tax framework:

Question Title

* 11. What do you think is a realistic and workable timescale for transition to a new international tax system:

Question Title

* 12. In your view what more needs to be done to simplify the current international tax framework?

Question Title

* 13. Name

Question Title

* 14. Job Title

Question Title

* 15. Sector

Question Title

* 16. Location

Question Title

* 17. Email address

Question Title

* 18. Please note that data collected via this survey will be reviewed by the BDO Global Office and/or by specific BDO firms. By submitting your responses to this survey, you are agreeing for your details to be passed to the relevant BDO firm.We look forward to sharing the results with you.

* 18. Please note that data collected via this survey will be reviewed by the BDO Global Office and/or by specific BDO firms. By submitting your responses to this survey, you are agreeing for your details to be passed to the relevant BDO firm.

We look forward to sharing the results with you.